To avoid underpayment penalties and interest you need to make sure the IRS and other tax authorities get enough money from your income throughout the year through withholding or quarterly estimated tax payments.
Please note that you won't owe underpayment penalties if you meet any of the following:
you withhold or pay at least 90% of your total tax liability for the current year, or 100% of your last year total tax liability.
However if your Adjustment Gross Income (AGI) is over $150,000 or $75,000 if married filling separately you must pay 110% of last year total tax liability. keep in mind if your total tax liability was less than $1,000 after subtracting withholding and credits, you won't be penalized.
In your case you may update W-4 withholding with your employers, or you may need to make quarterly estimated payments to the IRS and state tax authorities.
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